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I received a 1099A on both first and second mortgage.The house is our principal sidence and was foreclosed.the?
residence.The bank acquired it and foreclosed it last year and sold it.The fmv is less than the loan amt and balance.We lived in that house for 3 years.We filed chapter 13last yr and was confirmed.What form do we need to use and what schedule to put and what is our tax liabilty since we defaulted on both loans.We included it in our BK13 as collateral surrender.Thanks sheepdog98

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Do you believe this second mortgage bailout will actually work?
0bama already admitted the first $275 billion was a failure. FEBRUARY 19, 2009 Housing Bailout at $275 Billion Obama Plan Would Fund Loan Modifications, Cover More Losses at Mortgage Titans http://online.wsj.com/article/SB123496582087411241.html President Obama outlined his plan to offer hundreds of thousands of Americans mortgage relief today, test-driving a new campaign slogan and arguing that ?We can?t wait? for Congress to act to jumpstart the economy. http://abcnews.go.com/blogs/politics/2011/10/obama-offers-mortgage-relief-plan-we-cant-wait-for-congress/

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Can you proofread my short paragraph it's funny!?
It's a satire about Toddlers and Tearas i'm sure there are a lot of mistakes because i suck at writing please let me know! Toddlers and Tiaras Satire My name is Megan Michel my daughter?s name is Amy-Jo Michel. Amy-Jo is extremely talented, and gorgeous from the inside out. She has the three P?s: personality, prettiness, and pizazz. She has competed in pageants all of her life; she loves pageants, I love pageants. Although she screams and cries backstage every competition, I am almost convinced that she loves pageants. I?m all about the victory and I am very competitive, I love to win. Whether it involves my daughter skipping a few meals here and there to lose some baby fat for pageant season, or her staying up all hours to rehearse, and then being exhausted for school, winning is a necessity for us. My husband Billy-ray and I even took out a second mortgage for Amy- Jo?s annual participation in the pageant. I will do whatever it takes for me, excuse me, I mean my daughter Amy-Jo to win the pageant.

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